Xiangming Asia Vets (301226) announced on the evening of November 19 that the company had previously announced that it had signed a 'Global Strategy Cooperation Agreement' with Jiugao Electronics, Liutou Technology, Zhaimin and Cao Yanping on June 6, 2024, to carry out business cooperation in the production and research and development of electric machines, wind turbines, and other products based on long-term development strategies. After the signing of the 'Global Strategy Cooperation Agreement', the three parties actively communicated about the follow-up cooperation, made efforts to promote related cooperation matters, but there was no substantial progress. Now, based on the actual situation, the three parties have friendly negotiations and unanimously agreed to terminate the 'Global Strategy Cooperation Agreement'. They signed the 'Termination Agreement of the Global Strategy Cooperation Agreement' on November 18, 2024. This matter will not have any adverse effects on the company's performance or production operation, nor will it affect the company's future development strategy and operation planning.